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Rent Office 232 Madison Avenue

$ / SF SF Monthly Rent
$ 60
3,300
$ 16,500
$ 40
12,000
$ 40,000
$ / SF SF Monthly Rent
Negotiable
13,000
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 37th St & Fifth Avenue $ 43
5,100
$ 18,275
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 39
5,900
$ 19,175
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1365 $ 775
Interior office/person $ 1350 $ 865 $ 525
Team Rooms $ 10100 $ 8115 $ 5025
Suites $ 20100 $ 12115 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Park Ave S & East 31st Street $ 64
3,000
$ 16,000
Fifth Ave & East 36th Street $ 34
4,400
$ 12,283
Park Ave & East 34th Street $ 76
4,000
$ 25,333
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 50
2,400
$ 10,100
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 60
8,400
$ 41,650
Fifth Ave & East 37th Street $ 50
11,000
$ 46,291
Lexington Ave & East 33rd Street $ 46
8,300
$ 31,816
Fifth Ave & East 32nd Street $ 51
8,000
$ 34,000
Fifth Ave & East 36th Street $ 42
7,800
$ 27,300
Madison Ave & East 31st Street $ 54
15,000
$ 66,875
Park Ave S & East 31st Street $ 50
7,600
$ 31,350
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 78
4,600
$ 29,708
E 38th St & Fifth Avenue $ 36
5,200
$ 15,816
Madison Ave & East 34th Street $ 55
4,200
$ 19,250
Madison Ave & East 37th Street $ 40
5,900
$ 19,666
Madison Ave & East 31st Street $ 62
5,000
$ 25,625
Madison Ave & East 35th Street $ 42
2,600
$ 8,991
Fifth Ave & East 32nd Street $ 59
4,000
$ 19,666
Lexington Ave & East 33rd Street $ 46
3,100
$ 12,012
Fifth Ave & East 36th Street $ 42
2,800
$ 9,916
Park Ave S & East 31st Street $ 46
5,200
$ 19,716
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 78
2,200
$ 14,208
Madison Ave & East 35th Street $ 41
1,800
$ 6,150
Fifth Ave & East 36th Street $ 38
1,800
$ 5,700
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 38th St & Fifth Avenue $ 36
5,400
$ 16,200
E 33rd St & Fifth Avenue $ 57
3,000
$ 14,250
E 31st St & Madison Avenue $ 44
4,400
$ 15,950
Fifth Ave & East 36th Street $ 40
2,800
$ 9,450
E 32nd St & Between East 32nd Street $ 50
5,500
$ 22,687
E 33rd St & Madison Avenue $ 48
4,100
$ 16,570
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue $ 46
2,000
$ 7,750
Tenant Broker’s Perspective: office buildings being demolished or converted to residential are driving up rental prices at 232 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 232 Madison Avenue and in the nearby Murray Hill neighborhood.
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Lease 232 Madison Avenue

Rent 232 Madison Avenue Property Overview

Building Address: 232 Madison Ave, New York NY 10016
Building Alternate Address: 232 Madison Ave
Zip Code:10016
Neighborhood:Murray Hill
Borough:Manhattan
Stories:16
Year Built:1925
Building Class:B
Block & lot:00867-0015

History of 232 Madison Avenue, Manhattan, NYC

232 Madison Avenue is a 16-story Neo-Gothic office building completed in 1925, designed by the architectural firm Polhemus & Coffin. It stands at the northwest corner of Madison Avenue and East 37th Street in the Midtown Manhattan neighborhood.

The site was formerly the location of a four-story brick residence owned by Helen Hartley Jenkins, daughter of multi-millionaire Marcellus Hartley. As the Murray Hill area transitioned from a high-end residential district to a busy commercial hub in the early 1920s, the mansion was demolished to make way for the new building. Construction began after Helen Jenkins leased the property to real estate operators Arthur Greenbaum and Nathan Wilson in 1924, with the building completed by early 1926.

The building was originally intended to house firms related to the silk industry, reflecting the neighborhood's role as a silk industry center. However, by the early 1930s, the shift away from silk was evident as advertising and publishing companies became the primary tenants. Notable early tenants included Edwin Alendelson Advertising and Farrar & Rinehart publishers.

Architecturally, 232 Madison Avenue represents a successful blend of Gothic and Art Deco styles. The facade features a two-story stone base with large show windows separated by faceted engaged columns topped with medieval capitals, creating the visual effect of pointed Gothic arches. Above the base, cream-colored brick and angled piers emphasize verticality, with Art Deco buttresses and Gothic motifs such as quatrefoils and heraldic shields adding distinctive character.

The building's facade has remained largely intact since its completion, including the original ground floor storefront entrances and architectural detailing. Interior modernizations have been undertaken over time, notably a renovation in 2009 that carefully preserved the unusual Deco-Gothic blend while updating windows, elevators, and hallways. The facade underwent a full restoration in 2015 to maintain its historic appearance.

Over the decades, the tenant mix evolved from silk companies to publishing, advertising, and diverse commercial uses. By the mid-20th century, it housed mostly publishing and advertising offices, with the ground floor used for various retail and service purposes, including a reading room for the First Church of Christ, Scientist. Today, it remains a prominent office building with notable views of the Empire State Building and Madison Avenue.

232 Madison Avenue

Also known as 15 East 37th Street
Midtown South, New York, NY 10016
  • Built: 1925
  • Floors: 16
  • Square Footage: 130,000 SF
  • Architecture: NeoGothic design by Polhemus & Coffin
  • Features: Buttresses, gargoyles, quatrefoils, Empire State Building views
  • Renovation: Modernized in 2009 with upgraded elevators/windows
  • Transport: Near 4/5/6/B/D/F/M trains
  • Access: 24/7 secure entry
  • Neighborhood: Between Madison & Fifth Avenues

Historic silk industry hub transformed into modern workspace with 4,000-9,000 SF floor plates.


232 Madison Avenue Amenities

232 Madison Avenue offers a range of amenities, including:

  • Modern Elevators: Enhanced comfort and efficiency.
  • Fresh Windows: Providing ample natural light and views.
  • 24/7 Access: Security and flexibility for all occupants.
  • Power Views: Stunning perspectives of NYC landmarks, including the Empire State Building.
  • On-site Property Management: Professional service to address building needs.
  • Attended Lobby: Enhanced security and service.
  • Wood Floors and Spacious Lobby: Elegant interior design features.
  • Outstanding Public Transport: Convenient access to multiple subway lines and Grand Central Station.

232 Madison Avenue, Manhattan, NYC Office Tenants

The building at 232 Madison Avenue in Manhattan's Murray Hill area is home to a diverse group of tenants, including:

  • Russian Standard Vodka
  • InfoPro Digital USA
  • Premier Technology Solutions
  • Princeton International Properties
  • Mohr Partners
  • The First National Bank of Long Island
  • Maple Press

This historic site was initially a hub for the silk industry and later evolved into a creative office space, blending architectural charm with modern functionality.


Internet at 232 Madison Avenue

Internet providers available at 232 Madison Avenue include:

  • Verizon Fios: Offers high-speed fiber internet with speeds up to 2 Gbps, reliable service, and competitive pricing.
  • Lightower: Provides fiber internet with speeds up to 10 Gbps for both download and upload.
  • Level 3 Communications: Offers fiber internet with symmetrical speeds of up to 10 Gbps.
  • Cablevision/Lightpath: Delivers fiber internet with speeds of up to 10 Gbps for both download and upload.

232 Madison Avenue Access

232 Madison Avenue, Manhattan, NYC

Location & Cross Streets

232 Madison Avenue is located in the Murray Hill neighborhood of Manhattan, near the intersection of Madison Avenue and East 40th Street.

Nearby Cross Streets

  • Madison Avenue & East 33rd Street
  • Madison Avenue & East 38th Street
  • Madison Avenue & East 39th Street
  • Madison Avenue & East 40th Street
  • Madison Avenue & East 41st Street
  • East 42nd Street & Madison Avenue
  • 5th Avenue & East 40th Street

Transportation Options

Convenient access to multiple subway lines is available within walking distance:

  • Subway Lines: B, D, F, M (Herald Square - ~8 minutes walk)
  • Subway Lines: 4, 5, 6, 7 (Grand Central Station - ~5 minutes walk)

Additional subway lines within proximity include the N, R, S, and 6X lines near Madison Avenue and 42nd Street.

Grand Central Terminal provides access to:

  • Metro-North Railroad
  • Amtrak

Bus Services Near 232 Madison Avenue

  • BM2, BM5, BXM4
  • M15-SBS, M42, M55
  • Q32, QM40

Nearby Bus Stops

  • Madison Av/E 40 St (1 min walk)
  • Madison Av/E 39 St (2 min walk)
  • Madison Av/E 42 St (2 min walk)
  • East 42nd St & Madison Ave (2 min walk)

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